Tuesday, June 18, 2024

IMF Appoints Chileshe Kapwepwe as Alternate Executive Director


Ms Chileshe Mpundu Kapwepwe - IMF Alternate Executive Director - Africa Group 1 Constituency
Ms Chileshe Mpundu Kapwepwe – IMF Alternate Executive Director – Africa Group 1 Constituency

The International Monetary Fund has appointed Former Ministry of Finance Deputy Minister Chileshe Mpundu Kapwepwe as Alternate Executive Director for its Africa Group One Constituency.

Speaking upon receiving the news from the IMF, Finance Minister Alexander Chikwanda immediately welcomed the appointment and described Ms. Kapwepwe as eminently qualified and experienced to diligently and effectively advance the interests of the IMF – Africa Group 1 Constituency.

“It gives me great pleasure to announce the appointment of Ms. Chileshe Kapwepwe, as Alternate Executive Director for the IMF Africa Group 1 Constituency. The ascension of Ms. Kapwepwe to this high position, at the same time that another Zambian is serving on the Executive Board of the World Bank, gives me pride and confidence that African interests will firmly be articulated by Zambian Nationals serving on the Boards of the Bretton Woods Institutions [IMF & World Bank],” said Mr. Chikwanda.

Ms. Kapwepwe’s appointment follows a selection process that was conducted during the IMF Annual Meetings held in Tokyo, Japan, in October 2012. A few weeks ago, Dr. Denny Kalyalya, another Zambian, was appointed as Executive Director of the World Bank Africa Group I Constituency.

A Chartered Accountant by Profession, Ms Kapwepwe is a Fellow of the Association of Chartered and Certified Accountants ACCA (United Kingdom), a Fellow of the Zambia Institute of Chartered Accountants (ZICA) and also holds a Master’s Degree in Business Administration from the University of Bath (United Kingdom). She has over 20 years management experience in both the private and public sectors serving in the aviation and motor industries, and also has vast experience in international trade and quality assurance matters.

Ms. Kapwepwe served as Deputy Minister of Finance and National Planning, from 2008 to 2011. Earlier, she served as the Chief Executive Officer of the National Airports Corporation Limited for seven years from 2001 to 2007. Between 1993 and 2000, she was the Contract Manager for SGS – Societe General de Surveillance, a Swiss Multinational, overseeing operations in International Trade and Quality Assurance in Zambia. She also served as Chief Accountant for Star Commercial Limited (LONRHO Group) in the motor industry in Zambia between 1991 and 1992.

Mr. Chikwanda described Ms. Kapwepwe as, “a humble professional who is profoundly schooled and through whom management talent among women in Zambia will be viewed positively by the International Community.”
On behalf of the Management and Staff, Minister Chikwanda wished Ms. Kapwepwe success as she takes on the challenging and important assignment at the IMF – Africa Group One Constituency.


  1. Great for Zambia! Also great for her…however I don’t really see how she’s qualified for his role. Dr Kalyalya is clearly an economist of the highest calibre…but she’s an accountant. That said good on her, and great for Zambia.

  2. You deserve it and I know you will perform wonders as usual, but one question from me can I have your cell number please? Beauty is God’s handwriting and I can it on you.

    • you forgot to add “… smartest and beautiful” nothing more beautiful than a Zambian woman, real black beauty for sure!!!

  3. I have never heard of her, and rightfully so, I can see

    Who is she, again?
    Another nonentity punching above her weight
    Does she have ACCA, CIMA, MBA, Msc Bsc Oxford Brookes, is she studying for a PhD?
    and I am doing these? Well why could she be appointed at my expense,
    Something is not right here, I have more questions than answers, and I am afraid i am very bitter about this appointment

    I am sure people will understand


    • Who is she? She is the IMFs Board prefered candidate for the position and function of Alternate Director on the Board of Africa Group one Consultancy you can research the countries she will be responsible for. Congratulations Ms. Kapwepwe on a well deserved appointment after the stringent interviews where you beat even some seasoned economists.Well done mayo!

    • Mushota, why can’t you find better things to spend your time on than make worthless comments which will not help anyone, or add value to the blog? You are not only wasting your time, but other people’s time too. Bloggers expect positive comments and constructive criticism on this blog, not trivial comments, especially those bent obn discrediting credible and emminent people like Chilufya Kapwepwe. Your PHD is the PULL HIM/HER DOWN type of thing. So utilise your time and energy on things that will help you and other people.

    • Thank you Afrozed. This is one stupid brat, pretending to know everything. She’s one very illiterate who even fails to do a research, which is part of a curriculum for one aspiring for a Phd. The Kapwepwes are some of the most highly educated Zambians and this bastard Mushota only knows how to take refuge in wishful thinking. Congratulations to Ms Kapwepwe and family for her appointment.

    • Mushota you have seriously relapsed in your mental state. Seeing that your grandiose ideas have made you so delusional, my advise to you is to voluntarily put yourself forward as a guinea pig to enable researchers to find a cure for your pyschiatric illness which is outside ICD-10 Classification of Mental and Behavioural Disorders.

    • you are so full of yourself mushota. you need to come down a notch or two. Whats the use of having all the things you are stating you have with no character?! 

  4. wow there goes my EX-friend, now this brings great memories of you and me way back during our school days. congrats my friend, great things happening in PF government. great appointments just following each other.

  5. Ala mwabomba mayo. You bring pride to this nation. Our parents fought for the country using much brawn and bruised knuckles and it is for us to stride forward with smart bongobongo. We are very proud of you.

    Umwana wa ng’wena akulila kwitete.

  6. Mushota of course you have never heard of Chileshe Kapwepwe – she moves in very different circles from you – she is totally out of your league. Keep on positng your stupidity and ignorance – that is the one thing you are good at – you should try for a job at the Glasgow comedy club, I think they have one at the YWCA.

  7. Being rewarded for bringing about economic success under the regime of RB.

  8. amazingly most MMD former big wigs getting international appointments. RB knew how to select his ministers. no wonder the exchange rate was good under MMD. They had brains and not these chaps posting messages on facebook about willing to give out a car when serious matters like the exchange rates are ignored.

  9. These are semi-political appointments, they are not job appointments. Infact the government is the one that selects and recommends a list of name from which IMF appoints. In effect, it is Zambia being appointed, not the individual. After some time, another country will be asked to select someone to serve as alternate director. How a particular country picks who to recommend is up to that particular country.

  10. Congratulations and all the best. Represent the country well mayo. We have all the confidence in you. If the PF govt. back home ask for your input when the appear stuck as they are now, please respond generously.

    Congrats and God bless!

  11. Congratulations Mama Kapwepwe … you are the best!! You make the smart people of the Zambian Enterprise proud. God speed at IMF but remember the best is yet to come, this is just another assignment on your way to the top. 

    Remain humble as per usual and the rest will be history … Good luck and God bless you!!

  12. bamashina, natemwa. may the all mighty God continue blessing you as you go into that office to represent and srerve man kind. congrates bamashina. love always mpundu mwaume

  13. Congrats Mama Chileshe Kapwepwe for joining the ranks of Zambian genuine professional cadres in such prestigious international insititutions. MAY GOD BLESS YOU ABUNDANTLY.

  14. Congratulations mama Kapwepwe, you are truely an inspiration to Zambian women. Go fly the Zambian flag high, we are proud of you

  15. How about that author who’s written about , is it “dead aid” to africa???( NB: can’t be bothered to look up the title!!LOL!!!)

    • It’s Dambisa Moyo. She mingles with the creme dela creme of top well acclaimed Economists in the wrold and has worked there before. Check her CV

  16. Atase, he is the one with his Sata who appointed her to represent Zambia, in a tribally stinking manner, and now they want to make us believe it was the IMF alone without Sata’s stinking tribalistic hand moving things. We’ll see when another opresident comes in, all these bigoted Kolwestan appointments will have to be reversed.

  17. One wonders why we can’t develop if we have such highly qualified people who also served as ministers. I strongly now believe qualifications don’t give one wisdom. Lula Da Silva of Brazil is perhaps below average academically but brought prosperity every Brazilian is enjoying. We have medical doctors as health ministers in Zambia but ubupuba mumutwe tabupwa.

    • It is stupid to glamorize illiteracy the way you are doing right now. Lula Da Silva is not a common illiterate story and you cannot generalise using his case. Why is it that suddenly being illiterate is cooler than being educated??? Go to school, stop justifying your ignorance.


  19. congrats madam Kapwepwe!! You make being Zambian, or African in general is not, in itself a disadvantage to climbing the corporate ladder. All the best in your new job.
    Also, shows the quality of personnel in Mwanawasa/Banda MMD administration. This is second world-level appointment from that era. One wonders where the likes of Willie Nsanda, Sankeni, etc will be deployed to after leaving office :)

  20. These are the people together with RB, who ran the MMD economic policy success story that the kaponyas are grounding to a halt.Food shortages are back and very soon food riots will begin.

  21. Hi Chileshe many congratulations on your appointment
    I remember you as a beautiful young woman in England thirty years ago, we studied accountancy (ACCA) together in Wednesbury.
    You’ve come a very long way since those student days and have served and continued to serve your country wonderfully well in your chosen career.
    May we wish you continued success.
    Kindest regards
    Richard George FCCA

  22. Voices of prophecy still ringing.
    Somebody at that time called himself ‘PANKOLOBWATO’ in a post to congratulate this lady on her appointment.
    It struck me that we are now living that dream when MMD is no longer fighting the PF!
    I also feel the relief that it gave me to hear that all the bitterness around the events of her late father Simon Mwansa Kapwepwe were past.
    This country is on a reconciliation path, the right time to epitomise the individual contribution of that gallant son of this land.
    Humility in the face of achievement was the hall mark of the late Simon Mwansa Kapwepwe. Zambia has not forsaken Kapwepwe.
    The name of Kapwepwe requires to be hoisted high by such siblings as Chilufya Kapwepwe. Congratulations all over again

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